Saturday, 6 August 2011

Retail is Detail: The Retailer's Playbook to Beating Walmart (Paperback)

Retail is Detail: The Retailer's Playbook to Beating Walmart
Retail is Detail: The Retailer's Playbook to Beating Walmart (Paperback)
By Bill Scott

Review & Description

Over a quarter-century ago, a small estuary appeared off the river of information technology. Because it was evolutionary in nature, rather than revolutionary, it silently carved its way, remaining virtually undetected by the general business community. Insidiously, it expanded both laterally and bilaterally, gobbling up small businesses as it grew in both depth and width. Sam Walton, a man of great vision and steadfast determination, single-handedly skippered the tiny, makeshift vessel Walmart through the dark and treacherous waters, leaving great wakes in its path for other boats... Kmart , Montgomery Ward , and Spiegel , to be decimated by its waves and washed ashore to die a slow and uncertain death; while others with names like Target , 7-Eleven and Costco meandered cautiously behind. One of the first vessels to command the waters of modern Cloud Computing was captained by a man named Bill Scott, a fifty-seven year-old computer programmer with 33 years experience in the business of data processing, who had spent his life, as he jokingly described it, riding on the bleeding edge of technology . In their book, the authors make it clear that even though the Internet was created in 1969, Sam Walton s pseudo Internet was the first commercial Cloud and is the reason for his phenomenal success; and how through over a decade of extensive research and testing in live businesses, Scott & Hawkins have come up with a strategy that can be followed by virtually any retailer of any size and who knows? They could very well become the next market leader in their industry. Dr. James Hawkins has teamed up with Bill Scott to put together one of the most concise and thorough works explaining how retailers can work together to compete effectively with big box retailers like Walmart, Target, 7-Eleven and Costco. This book discusses how big box retailers have made great improvements in managing their inventories, literally forcing their suppliers to conform to item-level inventory control, which is the main reason for their overwhelming success, and why small to medium-size retailers continue to follow the wrong path. Any retailer who reads this book should come away with an understanding of the importance of item-level inventory control, and how to adopt a plan to migrate to it as quickly as possible; because in times like these, where tremendous economic changes threaten all of us, if a change in methods is not made quickly, we will see more and more retailers closing up shop and heading to the bankruptcy courts. Cloud Computing is still a great mystery to many retailers. The authors tell you how Cloud Computing may be used to dethrone the world's largest retailers. Whether a grocer struggling to meet his obligations, a convenience store operator trying to find a way out, a supplier looking for ways to attract new retailers, a department store executive facing almost certain failure, a university student exploring information engineering, or just plain folks, curious as to how new technologies will alter their lives in the very near future -- this sure to be a bestseller will change your vision of reality and in the way you attack tomorrow. Retail is Detail is a game changer, a paradigm shifter, a new way of life, and in many places, a downright amusing story that explains complicated subjects in a way everyone can understand. The authors' suggestions and predictions near the end of the book are almost certain to cause eyebrows to soar and epiphanies to occur for almost everyone who reads it. Retail is Detail is not just any book... it is The Retailers Playbook of the 21st Century. Read more


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